(Reuters) - The Securities and Exchange Commission is facing political pressure from the top members of the Senate Finance Committee and the chairman of the House Financial Services Committee as well as heat from the country's largest labor federation.
The SEC has not yet declared Blackstone's S-1 initial public offering registration "effective." Until that key regulatory step for IPOs occurs, the commission could privately discuss changes with the company without taking public action.
Read more at Reuters.com Business News
The SEC has not yet declared Blackstone's S-1 initial public offering registration "effective." Until that key regulatory step for IPOs occurs, the commission could privately discuss changes with the company without taking public action.
Read more at Reuters.com Business News
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